FilingReader Intelligence

Precision Wires revises preferential issue price after NSE review

July 17, 2025 at 05:29 AM UTCBy FilingReader AI

Precision Wires India Limited revised its valuation report for a preferential issue of equity shares and convertible warrants following NSE observations on pricing methodology.

The fair market value per share was set at INR 150.44, based on the higher of the 90-day volume-weighted average price (INR 150.44) or 10-day VWAP (INR 144.79) preceding May 16, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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